Mumbai-focused real estate companies trim debt after listing

Listed real estate companies focused largely in the Mumbai Metropolitan Region such as Macrotech (Lodha), Kalpataru and Rustomjee (Keystone Realtors) are exploring different financial options to cut down their debt. Macrotech (Lodha) had high leverage with gross debt of ₹18,600 crore at the time its IPO was launched, said an investment banker. In its ...
June 25, 2025

Embassy Developments announces JDA to develop residential community in Bengaluru with GDV of ₹1,600 cr

The company recently sold a 25-acre land parcel in Whitefield, Bengaluru to semiconductor equipment manufacturer Lam Research (India) Pvt Ltd, for Rs ₹1,125 crore Real Estate developer, Embassy Developments Ltd has announced the signing of a Joint Development Agreement (JDA), for 17.6 acres of land in Whitefield, Bengaluru to build a residential community with ...
June 23, 2025